Wellchange Holdings Co. Ltd. has released its financial results for the fiscal year ending December 31, 2024. The company reported total revenues of $2.31 million, a decrease from $2.49 million in 2023. This decline was primarily due to a drop in customized software solutions revenue, which fell to $1.12 million from $1.81 million in the previous year. Conversely, subscription services saw an increase, reaching $441,238 in 2024, up from $293,790 in 2023. The company recorded a net loss of $431,544 for the year, a significant change from the net income of $937,609 reported in 2023. Despite the net loss, Wellchange Holdings continues to focus on growth and expansion, with plans to increase investment in research, development, sales, and marketing. These investments are aimed at enhancing their software capabilities and expanding their client base both domestically and internationally. The company remains committed to supporting its growing operations as it navigates the challenges of transitioning to a public company.
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